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Servicing and Default News
May
31
2017
This implies that these banks now service 37% of all outstanding mortgages in the U.S. – down from 42% just a year ago...
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May
24
2017
ABA called for a full-scale review of current mortgage lending and servicing regulations, advocating for “careful fixes...
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May
18
2017
“Even if Secretary Mnuchin doesn’t appear warm to the idea but does have a statement ready, then it could indicate...
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May
17
2017
“In addition, nearly all states had a decrease in the percentage of loans in foreclosure in the first quarter," MBA’s...
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May
12
2017
(limited access) Lawmakers are pressing the nation’s housing regulator over the sale of thousands of foreclosed houses...
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May
11
2017
The rule requires lenders to make a good faith effort to contact delinquent borrowers by the 36th day of their...
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May
08
2017
At least 155,000 of those homeowners lost their homes. That’s the latest tally from watchdog SIGTARP, the Special...
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May
05
2017
“This rule gave borrowers new consumer protections related to mortgage loan servicing, many of which were aimed at...
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May
03
2017
According to Healey’s office, Massachusetts’ lawsuit claims that Ocwen charged homeowners in the state for “unnecessary...
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